Finance news

As AI upends humanity, we must focus on what makes us human

“When we graduate, what can we do?” As a philosophy professor, questions like this – about employability – often crop up in my conversations with students. Indeed, with youth unemployment on the Chinese mainland standing at almost 17 per cent, and intense competition among those seeking employment, it is no wonder that the priority for many – even students graduating from elite universities – is actually securing a job. The proliferation of artificial intelligence (AI) has only compounded such..

China Dominates Global Low-Carbon Investment as U.S. Momentum Slows

China accounts for the majority of low-carbon projects that secured total funding of $43 billion over the last six months, Reuters has reported, citing a report by the Mission Possible Partnership, a non-governmental energy transition advocacy, supported by the World Economic Forum and the Bezos Earth Fund. There were a total of 19 industrial projects that received funding for low-carbon energy in the period reviewed, and 13 of them were in China, the report said. The total is a considerable inc

Iran War: Number of orders for German industry falls significantly

The situation in the Middle East is putting a lot of strain on German industry. The German core industries in particular are struggling with falling order numbers. A rapid recovery is currently not in sight.

Stock market: New escalation in the Middle East pulls Dax down

New attacks in the Middle East and the sell-off in tech stocks are weighing on the leading German index. The Dax started in the red on Monday.

Iran War: New mutual attacks between Iran and Israel

With the ceasefire in the Iran war agreed in April, the attacks between Iran and Israel also ended - until now. Israel reacts to new attacks. Contrary to Trump's demands.

Salary transparency: Germany's hesitation makes unequal pay more explosive in court

The long overdue Pay Transparency Act is being delayed in Germany. The consequences are serious: employees could already sue their employers.

Delta resumes direct Hong Kong-US flights despite higher fuel costs

United States carrier Delta Air Lines has resumed direct flights to the city after the pandemic, launching a daily Hong Kong-Los Angeles service amid surging fuel prices. Jeff Moomaw, the airline’s vice-president for Asia-Pacific, said on Monday that it would take some time to increase services connecting the city to more destinations as the carrier remained focused on current demand. “Our focus right now is making sure that this flight is a success,” Moomaw said. “As it grows over time, and we.

New report: Nursing wages are now under attack

Pay increases much more than in other professions because the health insurance companies have to pay but are not allowed to have a say. Health Minister Warken wants to change that.

Law firms: Star lawyer Anahita Thoms takes on new role

The 45-year-old is one of the best-known lawyers in Germany. The expert in international commercial law is now taking the next step in her career at the law firm Baker McKenzie.

Chinese team injects desert moss gene into Xinjiang cotton to beat fungus, boost output

Chinese scientists who inserted a gene from desert moss into cotton say their innovation can boost yields by nearly a quarter through protection against a pervasive fungal disease that threatens crops worldwide. The team, led by researchers from the Chinese Academy of Sciences’ Xinjiang Institute of Ecology and Geography (XIEG), inserted a stress-resistance gene from a species of steppe moss that thrives in the deserts of the Xinjiang Uygur autonomous region into cotton plants. The resulting...

ECB announces main milestones for roll-out of Integrated Reporting Framework

China’s new battery tech set to turbocharge EVs, energy storage

Next-generation Chinese electric-vehicle (EV) batteries that charge in minutes are expected to add fuel to global sales of the country’s carmakers. An EV battery that goes from a 10 per cent to a 98 per cent charge in under six-and-a-half minutes was the star of the Super Technology Day event staged in Beijing in April by the world’s biggest producer of batteries for EVs, Contemporary Amperex Technology Ltd (CATL). Earlier, the world’s leading EV maker, Shenzhen-based BYD, unveiled a battery...

NATO eastern flank: Latvia: NATO fighter jets shoot down drone

Misguided Ukrainian drones have recently repeatedly penetrated Latvia's airspace. Now another flying object flew over the territory of the Baltic state - and was taken out of the sky.

Dax current: Dax is moving significantly away from the 25,000 point mark

The renewed attacks in the Middle East and sell-offs in tech stocks in the USA and Asia are also weighing on the German stock market. Oil prices are heading towards $100 again.

Healthcare: Skilled labor shortage – what the EU demands and what Germany needs

In the EU as well as in Germany, the shortage of personnel in the healthcare system will worsen. The responsible committees of the EU Parliament adopted a report on the shortage of skilled workers on Wednesday.

Holiday prices: save in the south, pay in the north: gap when it comes to European holidays

The summer holidays are just around the corner. If you haven't booked yet, you should take a closer look: In some European countries you can go on vacation much cheaper than in Germany.

Disrupt: Is there still a chance for independence for Europe and Canada, Aidan Gomez?

The CEO of Cohere talks about competing with tech giants, the concentration of power - and his internship where the AI ​​revolution began.

Can you “accidentally” incur huge debts with Flatex or Trade Republic?

Some time ago I saw a documentary in which a young woman apparently accidentally leveraged in her broker app and also used a loan. In the end she had debts amounting to several hundred thousand euros. Gamification in the app is difficult with such sums. Can something like this just happen at Flatex and Trade Republic? Flatex offers a loan of up to around €250k depending on the size of the deposit. At Flatex I always had my risk class after purchase

Japanese city closes 94 schools as hunt for stray bear enters third day

A bear roaming the streets of a Japanese city for three days forced the closure of nearly 100 schools on Monday, as dozens of hunters and officials searched for the animal. The city government of Utsunomiya, north of Tokyo, closed all 94 public primary and junior high schools in the area after receiving more than 10 reports of bear sightings since Saturday – including in a shopping arcade. “We have vehicles out to areas where a bear was seen to make people aware and to urge people to stay...

Asian Coal Prices Surge as Indonesia Tightens Export Controls

Benchmark coal prices in Asia surged to the highest in almost two years following a government announcement from Indonesia concerning control of commodity exports, including coal. The new rules for commodity exports would cause delays in outbound shipments of coal from Indonesia, Bloomberg noted in a report on the price news, adding the disruption comes amid climbing demand for coal amid the summer heat that drives higher electricity consumption for air-conditioning. Demand for coal has increase

Beyond the obvious: Without a goal, everything is a waste: Why Germany needs visions again

It is not enough to talk about reforms in small, small ways. That's why Daniel Stelter talks to the co-founder of Zukunft-Fabrik.2050 in the podcast.

Diplomacy: Chinese President Xi begins visit to North Korea

Xi Jinping is visiting North Korea for the first time in seven years. The Chinese head of state previously promised “new development opportunities” for the relations between the two countries.

Insight Innovation: “A decathlon” – Why the new electric cars from Mercedes and BMW have more range and charge faster

With the new generation of their electric vehicles, German car manufacturers want to catch up with the competition. But there's more to it than just more powerful batteries.

Financial supervision: BaFin examines DekaBank's consolidated financial statements

The German financial regulator BaFin has initiated an audit of DekaBank's 2024 consolidated financial statements. What's behind it?

Business ticker: Significantly fewer orders for industry

DGB boss Fahimi criticizes black-red reform plans +++ Few companies ban the use of AI +++ Google signs a pact with SpaceX +++ News in the company live blog.

Climate protection campaign: Greenpeace is putting up 100 km/h signs on motorways

With a traffic sign campaign, Greenpeace is sending a signal for a speed limit on motorways. The organization sees this as an answer to the current fuel crisis.

“Middle East war takes toll”: Industry with unexpectedly strong decline in orders

Weak demand is becoming a problem: orders from German industry fell significantly more in April than originally expected.

Daniel Stelter: Germany is slipping - and we are becoming involuntary passengers

Chancellor Friedrich Merz sees “no reason for pessimism and pessimism about the future of our country.” Where he gets this confidence from remains his secret. A guest post.

14 to 18 percent return: The 15 billion euro plan of the German start-up investors

European start-ups often lack the capital to compete internationally in the long term. 24 of the most prominent venture capitalists in Germany now want to change that and mobilize billions in private capital every year.

China sees record panda bond issuance in 2026 as foreign borrowers pile in

Foreign governments, international banks and multinational companies are increasingly tapping China’s domestic bond market, as panda bond issuance hit a record high in the first five months of the year. A total of 11 entities sold 14 panda bonds – yuan-denominated debt instruments issued by foreign entities in mainland China’s onshore market – worth 26.64 billion yuan (US$3.7 billion) in May, up 246 per cent from a year earlier and the highest level on record for the month, according to data...